The paper brand ( German Papiermark ) is the monetary unit of the German Empire from 1914 to 1919 and the Weimar Republic from 1919 to 1923.
Paper stamp | |||
---|---|---|---|
him. Papiermark | |||
| |||
Territory of circulation | |||
Issuing country | Germany | ||
Derivative and parallel units | |||
Fractional | Pfennig ( 1 ⁄ 100 ) | ||
Story | |||
Introduced | 08/08 . 1914 | ||
Predecessor currency | Gold stamp | ||
Start of seizure | 1923 year | ||
Successor currency | Rental brand | ||
Issue and production of coins and banknotes | |||
Emission Center (Regulator) | Reichsbank | ||
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History
The de facto paper stamp existed from August 4, 1914 with the abolition of the gold standard as a result of the outbreak of the First World War , although in wartime the name " gold stamp " was often used in official sources.
The concept of “paper stamp” was introduced later to distinguish inflation-prone money from full-weight pre-war gold stamps that were in circulation until August 1914. On banknotes of paper stamps worth more than one billion marks, their denomination was indicated not in numbers, but in words, for example: “ten billion marks”.
In 1923, a paper brand was replaced by a rental mark , 1,000,000,000,000 marks = 1 rental mark (4,2 marks = 1 US dollar ), and in 1924 the Reichsmark was also put into circulation.
2 stamps (1920)
10 stamps (1920)
1000 stamps (1922)
20 million marks (1923)
100 million marks (1923)
5 billion marks (1923)
5 trillion marks (1923)
In Fiction
- Erich Remarque , Black Obelisk .
See also
- Hyperinflation
- Notgeldy
- Germany inflation coins